Optim (TSE:3694) Debt-to-Equity : 0.05 (As of Dec. 2023)

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What is Optim Debt-to-Equity?

Optim's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円315 Mil. Optim's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円0 Mil. Optim's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円6,773 Mil. Optim's debt to equity for the quarter that ended in Dec. 2023 was 0.05.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Optim's Debt-to-Equity or its related term are showing as below:

TSE:3694' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.05 Max: 0.1
Current: 0.04

During the past 11 years, the highest Debt-to-Equity Ratio of Optim was 0.10. The lowest was 0.00. And the median was 0.05.

TSE:3694's Debt-to-Equity is ranked better than
82.11% of 2219 companies
in the Software industry
Industry Median: 0.21 vs TSE:3694: 0.04

Optim Debt-to-Equity Historical Data

The historical data trend for Optim's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Optim Debt-to-Equity Chart

Optim Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.10

0.05

0.04

Optim Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.05	0.05	0.05	0.05	0.04

Competitive Comparison of Optim's Debt-to-Equity

For the Software - Infrastructure subindustry, Optim's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Optim's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Optim's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Optim's Debt-to-Equity falls into.

Optim Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Optim's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(314.55	+	0)	/	7249.961
	=	0.04

Optim's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(314.55	+	0)	/	6773.327
	=	0.05

Optim (TSE:3694) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Optim Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Optim's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Optim (TSE:3694) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Optim Corp (TSE:3694) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Atago Green Hills MORI Tower 19F, 2-5-1, Atago, Minato-ku, Tokyo, JPN, 105-6219

Website

https://en.optim.co.jp

Optim Corp is engaged in the business of license sales and maintenance support service. The company offers IoT platform service, remote management service, support service, and other unique services. It provides services like sharing the screen of smartphones and tablet, repairing service for internet and smartphone, and provision of e-books, digital magazines and software packages.

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